Common use of Commitment Charges Clause in Contracts

Commitment Charges. The Borrower shall pay to the Bank a one time Commitment Charge at the rate mentioned in the Item No VIII of the Schedule-A on the unutilized sanctioned amount of the Loan. Such payment shall be made forthwith upon being called upon by the Bank.

Commitment Charges. The Borrower shall pay to the Bank a one one-time Commitment Charge at the rate mentioned in the Item No VIII of the Schedule-A on the unutilized sanctioned amount of the Loan. Such payment shall be made forthwith upon being called upon by the Bank.

Commitment Charges. The Borrower shall pay to the Bank a one time Commitment Charge at the rate mentioned in the Item No VIII of the Schedule-A on the unutilized sanctioned principal amount of the Loan. Such payment shall be made forthwith upon being called upon by the Bank.